After releasing former NBA All-Star point guard Stephon Marbury and hiring a new skipper in Yannis Christopoulos, the Beijing Ducks are clearly committed to rebuilding ahead of the 2017-18 Chinese Basketball Association season.
China and Kazakhstan plan to further upgrade their bilateral investment agreement to promote more trade and investment deals in the key areas of energy, agriculture and infrastructure, the Ministry of Commerce said on Thursday.
China's foreign exchange stockpile expanded for the fourth month in a row in May, after capital flight pressure eased and the value of the renminbi strengthened.
China National Chemical Corp, known as ChemChina, has completed the second settlement of its tender offers for Basel-based Syngenta AG, increasing its stake to 94.7 percent, the group announced on Thursday.
The ongoing visit of President Xi Jinping to Kazakhstan will ensure more cooperation opportunities for Chinese companies in Central Asia, especially companies in the energy sector, said Bian Dezhi, a senior official at China National Petroleum Corp.
US investment bank Goldman Sachs Inc will continue to invest in its China business as it expects greater liberalization of the Chinese financial services industry, Lloyd Blankfein, chief executive of the bank, said on Thursday.
Ant Financial Services Group, the online finance firm backed by billionaire Jack Ma, will extend its online consumer credit service to four million retail businesses across the country to boost sales and encourage spending - as China's consumers increasingly feel more comfortable shopping with borrowed money.
China's entertainment and media industry will grow at a compound annual growth rate of 8.3 percent in the next five years prompted by the rise in internet video, internet ads, music, cinema, and video games, said an industry report.
Bruce Cleaver knows that diamonds are forever after running De Beers for a year.
NEW YORK - Macy's Inc Chief Executive Officer Jeff Gennette is optimistic about the future of the largest department-store chain, even if it doesn't look much like the store R.H. Macy imagined.
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